IRIS Accounts Production v23.3.1.45 04054398 Board of Directors Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040543982022-05-31040543982023-05-31040543982022-06-012023-05-31040543982021-05-31040543982021-06-012022-05-31040543982022-05-3104054398ns10:Originalns15:EnglandWales2022-06-012023-05-3104054398ns14:PoundSterlingns10:Original2022-06-012023-05-3104054398ns10:Originalns10:Director12022-06-012023-05-3104054398ns10:Original2022-06-012023-05-3104054398ns10:Originalns10:Director22022-06-012023-05-3104054398ns10:Original2023-05-3104054398ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3104054398ns10:Originalns10:SmallEntities2022-06-012023-05-3104054398ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3104054398ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3104054398ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3104054398ns10:Originalns10:FullAccounts2022-06-012023-05-3104054398ns10:Originalns10:RegisteredOffice2022-06-012023-05-3104054398ns10:Original2022-05-3104054398ns10:Originalns5:CurrentFinancialInstruments2023-05-3104054398ns10:Originalns5:CurrentFinancialInstruments2022-05-3104054398ns10:Originalns5:Non-currentFinancialInstruments2023-05-3104054398ns10:Originalns5:Non-currentFinancialInstruments2022-05-3104054398ns5:ShareCapitalns10:Original2023-05-3104054398ns5:ShareCapitalns10:Original2022-05-3104054398ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3104054398ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3104054398ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-06-012023-05-3104054398ns10:Originalns5:PlantMachinery2022-06-012023-05-3104054398ns10:Originalns5:FurnitureFittings2022-06-012023-05-3104054398ns10:Originalns5:ComputerEquipment2022-06-012023-05-3104054398ns10:Original2021-06-012022-05-3104054398ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-3104054398ns10:Originalns5:PlantMachinery2022-05-3104054398ns10:Originalns5:FurnitureFittings2022-05-3104054398ns10:Originalns5:ComputerEquipment2022-05-3104054398ns10:Original2022-05-3104054398ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-05-3104054398ns10:Originalns5:PlantMachinery2023-05-3104054398ns10:Originalns5:FurnitureFittings2023-05-3104054398ns10:Originalns5:ComputerEquipment2023-05-3104054398ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-3104054398ns10:Originalns5:PlantMachinery2022-05-3104054398ns10:Originalns5:FurnitureFittings2022-05-3104054398ns10:Originalns5:ComputerEquipment2022-05-3104054398ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3104054398ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 04054398 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Mr B's Emporium Limited

Mr B's Emporium Limited (Registered number: 04054398)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mr B's Emporium Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mr N R Bottomley
Mrs J M I Bottomley





REGISTERED OFFICE: 13 - 15 John Street
Bath
BA1 2JL





REGISTERED NUMBER: 04054398 (England and Wales)





ACCOUNTANTS: Accounting Solutions
2 Northside
Wells Road
Chilcompton
Radstock
BA3 4ET

Mr B's Emporium Limited (Registered number: 04054398)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 86,804 83,510

CURRENT ASSETS
Stocks 156,524 156,216
Debtors 5 44,586 39,336
Cash at bank and in hand 102,722 250,995
303,832 446,547
CREDITORS
Amounts falling due within one year 6 208,390 260,239
NET CURRENT ASSETS 95,442 186,308
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,246

269,818

CREDITORS
Amounts falling due after more than one
year

7

9,500

9,500
NET ASSETS 172,746 260,318

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 170,746 258,318
SHAREHOLDERS' FUNDS 172,746 260,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Mr B's Emporium Limited (Registered number: 04054398)

Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:




Mr N R Bottomley - Director



Mrs J M I Bottomley - Director


Mr B's Emporium Limited (Registered number: 04054398)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Mr B's Emporium Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Website - 25% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2022 - 21 ) .

Mr B's Emporium Limited (Registered number: 04054398)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold Website fittings equipment Totals
£    £    £    £    £   
COST
At 1 June 2022 34,010 102,250 93,206 19,376 248,842
Additions 20,166 12,000 3,899 1,591 37,656
At 31 May 2023 54,176 114,250 97,105 20,967 286,498
DEPRECIATION
At 1 June 2022 - 71,500 77,876 15,956 165,332
Charge for year 7,739 20,563 4,807 1,253 34,362
At 31 May 2023 7,739 92,063 82,683 17,209 199,694
NET BOOK VALUE
At 31 May 2023 46,437 22,187 14,422 3,758 86,804
At 31 May 2022 34,010 30,750 15,330 3,420 83,510

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 25,060 22,296
Amounts owed by group undertakings 4,311 4,042
Other debtors 15,215 12,998
44,586 39,336

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 57,608 99,258
Trade creditors 130,594 130,557
Taxation and social security 10,586 23,349
Other creditors 9,602 7,075
208,390 260,239

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 9,500 9,500